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    <description>The Adjudicating Authority admitted the Application under Section 7 of the Insolvency and Bankruptcy Code, appointing an Interim Resolution Professional for the Corporate Insolvency Resolution Process. The Authority found the debt not time-barred under the Limitation Act, upheld the privity of contract between the Applicant and the Respondent, and imposed a moratorium under Section 13 of the IB Code.</description>
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